Aggressive Debt Collection: Civil Action

Aggressive Debt Collection: Civil Actions Against Debtors

Aggressive debt collection methods can be extremely stressful for debtors. In some cases, debt collectors may pursue civil actions against debtors in order to collect the money that is owed.

1. What is aggressive debt collection?

Aggressive debt collection is the process of contacting a debtor in an attempt to collect a debt. This can include calling the debtor, sending letters, or even visiting the debtor in person. Debt collectors may use aggressive tactics in order to get the debtor to pay the debt. This can include threats of legal action or harassment.

2. What are the civil actions that can be taken against debtors?

There are a variety of civil actions that can be taken against debtors. One is to file a lawsuit to collect the debt. The creditor may also seek a judgment against the debtor, which can then be used to garnish the debtor's wages or seize the debtor's assets. The creditor may also attempt to get the debtor's credit score lowered, which can make it more difficult for the debtor to borrow money or get other credit.

3. What are the benefits of aggressive debt collection?

There are many benefits to aggressive debt collection. One of the most important is that it helps businesses get paid what they are owed. When businesses are able to collect on their debts, it helps them stay afloat and grow. Additionally, aggressive debt collection can help protect businesses from becoming victims of fraud or bankruptcy. By pursuing debtors aggressively, businesses can often recover more money and reduce the amount of debt they are owed.

4. What are the risks associated for consumers and business who owe creditors?

Bad debts that have substantial collection force behind them can be very damaging to consumers both financially and emotionally. They can also lead to further financial problems, as consumers and businesses alike may be forced to take out additional loans or sell off assets in order to pay off their debts. Additionally, debt collecting can damage consumers' and business' credit ratings, and allow for the filing of leins and other documents under both personal civil and commercial rules such as the UCC, making it more difficult for them to obtain loans or other forms of credit in the future.

Creditors should be aware of their rights and the options available to them, and should seek assistance if they feel that they must collect on bad debts. DDG works to consult business creditors to find solutions that result in getting paid.